Category Archives: Economy
Marc Faber: “People With Financial Assets Are All Doomed”
Zero Hedge As Barron’s notes in this recent interview, Marc Faber view the world with a skeptical eye, and never hesitates to speak his mind when things don’t look quite right. In other words, he would be the first in
Rate Shock: In California, Obamacare To Increase Individual Health Insurance Premiums By 64-146%
Forbes One of the most serious flaws with Obamacare is that its blizzard of regulations and mandates drives up the cost of insurance for people who buy it on their own. This problem will be especially acute when the law’s
We Are Now One Year Away From Global Riots, Complex Systems Theorists Say
Source: MotherBoard If there’s a single factor that reliably sparks social unrest, it’s food becoming too scarce or too expensive. So argues a group of complex systems theorists in Cambridge, and it makes sense. In a 2011 paper, researchers at
Why Are Homeowners Being Jailed for Demanding Wall Street Prosecutions?
Rolling Stone – By John Knefel Bankers go free while cops tase peaceful protesters and the Department of Justice targets journalists A two-day long housing protest outside the Department of Justice this week has resulted in nearly 30 arrests and several
40 Statistics About The Fall Of The U.S. Economy That Are Almost Too Crazy To Believe
The Economic Collapse If you know someone that actually believes that the U.S. economy is in good shape, just show them the statistics in this article. When you step back and look at the long-term trends, it is undeniable what
Is America’s Economy Being Sovietized?
Brandon Smith – Activist Post The foundation of the Soviet model of trade and investment was centralization under the guise of “universal public ownership”. The entire goal of communism in general was not to give more social and political power
Shocking: 12 Year-Old Kid Exposes Criminal Banking System On TV
Intellihub.com CANADA — A lot of 12 year-old kids would say economics are boring. In fact, a lot of adults would agree. However, some kids have an overwhelming urge to learn all they can at a young age. Victoria, 12,
Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash
Zero Hedge Two years ago, Zero Hedge first made the observation that the bulk of Fed reserves (also known simply as “cash created out of thin air” because money is first and foremost fungible no matter what textbook theoreticians may
IRS To Conservatives: “Provide Details Regarding All Of Your Facebook Or Twitter Activity”
Zero Hedge It has become difficult to keep track of all the different “-gates” the Obama administration has suddenly found itself embroiled in: perhaps an appropriate name would be Gate-r-gate? And with the just concluded farce in which Jay Carney passed
Obama Classmate Audited 2 Years Ago Now ‘Vindicated’
WND As Attorney General Eric Holder orders an investigation of the Internal Revenue Service after a top official admitted targeting conservative groups with extra scrutiny, an outspoken critic of Obama who claimed more than half a year ago that the
Obama Eliminates Breakfast for US Troops in Afghanistan, Stuffs Own Face
FrontPageMag.com If only American soldiers in Afghanistan were unemployed Democratic voters in Chicago, then they might be getting three square meals a day from the government. But the military is the one place that Obama feels comfortable slashing expenses. While
Shocking Numbers That Show The Media Is Lying To You About Unemployment In America
The Economic Collapse Did you know that the percentage of the U.S. labor force that is employed has continually been falling since 2006 according to the Bureau of Labor Statistics? Did you know that the increase in the number of
Corrupt Chinese Politicians are Buying Billions in U.S. Real Estate
Many of us spent much of 2012 confused about how the U.S. real estate market was improving within the context of a broke and unemployed citizenry. Well as time has passed the answers to our questions have been revealed. The
55 Reasons Why California Is The Worst State In America
The Economic Collapse Why in the world would anyone want to live in the state of California at this point? The entire state is rapidly becoming a bright, shining example of everything that is wrong with America. It is so
No Surprise Here: California Worst-Governed State in America
According to a new study from 24/7 Wall Street, California is the worst run state in the nation … for the second year in a row. The best run state is North Dakota. What went into the calculation? 24/7 Wall
They Are Going To Make It Nearly Impossible To Pass On A Farm Or A Business To Your Children
The Economic Collapse If you have a farm or a small business, would you like to pass it on to your children when you die? Well, unless Congress does something, it is going to become much, much harder to do
Homeland Security Promotes Welfare to New Immigrants in Government ‘Welcome’ Materials
Using taxpayers money to build a constituency of dependency continues unabated for the corrupt socialist democrats. A new website run by DHS offers links to government websites that explain how to access benefits including food stamps, Supplemental Security Income (SSI),
Companies Plan Massive Layoffs as Obamacare Becomes Reality
Here are a SMALL sample of the layoffs Obama Cultists voted for…. Freedom Works has put together a list of companies that will be laying off employees as a result of President Barack Obama’s health care law: Welch Allyn Welch
Bloomberg Strikes Again: NYC Bans Food Donations To The Homeless
The Tyranny of Liberal ‘Compassion’ is so Heartwarming… NEW YORK (CBSNewYork) — Mayor Michael Bloomberg’s food police have struck again! Outlawed are food donations to homeless shelters because the city can’t assess their salt, fat and fiber content, reports CBS
Fiscal Cliff: 54 Days Until $7 Trillion Tax Hike
by Gary Boutwell In 54 days, $7 trillion in tax hikes and spending cuts over the next decade will automatically go into effect. If America goes over this “fiscal cliff,” experts say the already rickety U.S. economy could implode. Not
Obama Decision Puts America on Trajectory Toward Financial Mega-Disaster
Mike Adams – Natural News The re-election of Obama was more than the mere selection of one man over another; it was an endorsement of a set of economic policies that are now launching America into a trajectory that can
The Stock Market Is Crashing!
Apparently investors do not share the same enthusiasm for Obama administration as the socialist democrats who helped him fraudulently retain his grip on the White House. Ninety minutes after the open, the DOW’s down more than 350 points. Clearly, this isn’t
37 Facts About How Cruel This Economy Has Been To Millions Of Desperate American Families
Michael Snyder Economic Collapse Have you ever laid in bed awake at night with a knot in your stomach because you didn’t know how your family was possibly going to make it through the next month financially? Have you ever
Dysfunctional, Dishonest, Insane & Intolerable
Washington’s Blog “I agree to this Constitution with all its faults, if they are such: because I think a General Government necessary for us, and there is no Form of Government but what may be a Blessing to the People
Is Obama Buying the Election With His Welfare Explosion?
CNBC With the unprecedented budget explosion of means-tested, welfare-related entitlements, does Team Obama think it can buy the election? It’s a cynical question. But I wouldn’t put it past that cynical bunch. Remember Harry Hopkins, Franklin Roosevelt’s close aid? It
Obama Increased Foreign Aid 80%; Spent 76% More on Foreign Aid Than Border Security
By Terence P. Jeffrey – CNSNEWS (CNSNews.com) – From fiscal 2008 to fiscal 2011, according to the U.S. Treasury, the federal government increased spending on foreign aid by 80 percent and, in fiscal 2011, spent 76 percent more on foreign
55 Facts About The Debt And U.S. Government Finances That Every American Voter Should Know
The future of the United States of America is being systematically destroyed by our politicians, but unfortunately most Americans don’t really grasp exactly what is happening. Thirty years ago, our national debt had just crossed the one trillion dollar mark.
Former U.S. Comptroller Says U.S. Faces Fiscal “Abyss”
Bob Adelmann New American Oct 18, 2012 Former U.S. Comptroller General of the United States David Walker just finished another tour across the country promoting “fiscal reform and responsibility,” according to Forrest Jones, writer for MoneyNews.com. And what he learned is that most
Welfare Spending Jumps 32 Percent in Four Years
Washington Times Welfare spending has grown substantially over the past four years, reaching $746 billion in 2011 — or more than Social Security, basic defense spending or any other single chunk of the federal government — according to a new
Study: Black Americans Feel Less Empowered Under Obama Than They Once Did
By Elizabeth Flock – US News our years after Barack Obama was elected president, this is not exactly a “post-racial” America. A new study from Washington University in St. Louis finds that under Obama, many black Americans feel less free
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